The global recession continues to create new realities for students, institutions, and faculty members engaged in higher education. This blog chronicles those changes for academic / historical record purposes. Click on the URL at the end of each posting to view the complete news report.

Sunday, February 1, 2015

Parkland board facing budget woes - Tom Kacich, News Gazette

Whoever is chosen on Feb. 17 to serve on the Parkland College board will jump right into the community college's budget woes on Feb. 18. That's when the board has scheduled a workshop on its ongoing budget problems. Parkland's chief financial officer, Chris Randles, told board members Wednesday night that the community college faces a $1.54 million budget deficit in the current fiscal year, which ends June 30. That deficit, he said, probably will require another tuition increase next year. Board members approved a 6.4 percent tuition increase last February and a similar upswing is possible this year.
http://www.news-gazette.com/news/local/2015-01-23/parkland-board-facing-budget-woes.html